Searches And Hires
The institution is seeking a firm to provide investment recommendations and execution for bond proceeds totaling more than $100 million.
The retirement system also recently made two private markets commitments.
The program last conducted a search for record keeping, plan administration and claims processing services in 2017.
The commitments include three new manager relationships for the retirement system.
The plan opted to hire a new general investment consultant after 10 years with its incumbent.
The investment board was informed that two of its client funds have adopted a new asset allocation policy at today’s meeting.
The plan recently made $285 million in private markets commitments.
The plan received an infrastructure search report that included two candidates at today’s meeting.
The pension fund also approved a private equity commitment and retained its general investment consultant following a search.
The retirement system will interview the finalists at its December finance committee meeting.